Independent news, clearly reported.

The Chestnut Post

Binance covers 90% of losses following $6.3bn hack

Binance covers 90% of losses after a $6.3bn hack as two analytics firms point to a North Korean state-backed group as the likely culprit.

AI-written summary · The Chestnut Post · · How we use AI

Binance covers 90% of losses following $6.3bn hack

Crypto firm Binance has covered 90% of the losses from a $6.3bn hack, according to BBC News.

Two analytics firms say strong intelligence points to a group backed by the North Korean state as the likely attacker. That assessment does not establish responsibility as confirmed.

Originally reported by BBC News. Read the full story at BBC News

More World stories